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For the Year Ended December 31, 2016: Net revenues $ 64,400 Cost of services provided 22,800 Depreciation expense 13,000 Operating income $ 28,600 Interest expense
For the Year Ended December 31, 2016: | ||
Net revenues | $ | 64,400 |
Cost of services provided | 22,800 | |
Depreciation expense | 13,000 | |
Operating income | $ | 28,600 |
Interest expense | 7,600 | |
Income tax expense | 6,400 | |
Net income | $ | 14,600 |
At December 31, 2016: | ||
Assets | ||
Cash and short-term investments | $ | 5,600 |
Accounts receivable, net | 19,600 | |
Property, plant, and equipment, net | 154,800 | |
Total assets | $ | 180,000 |
Liabilities and Stockholders Equity | ||
Accounts payable | $ | 3,000 |
Income taxes payable | 3,200 | |
Notes payable (long term) | 95,000 | |
Paid-in capital | 20,000 | |
Retained earnings | 58,800 | |
Total liabilities and stockholders equity | $ | 180,000 |
At December 31, 2015, total assets were $164,000 and total stockholders equity was $65,200. There were no changes in notes payable or paid-in capital during 2016.
h. Calculate ROI (including margin and turnover) and ROE for the year ended December 31, 2016. (Round "Turnover" answer to 2 decimal places and other answer to 1 decimal place.)
LOOKING TO CONFIRM
ROI? IN %
MARGIN? IN %
TURNOVER? _____ TIMES
ROE? IN %
THANK YOU SO MUCH.
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